
Live cattle contracts for April, June and August closed $4.50/cwt lower on Wednesday, and the wholesale beef choice cutout fell $7.98/cwt, its largest one-day loss. Dressed cattle trade was estimated at 116,000 head, down 6,000 from a week earlier.
Extension economist Bridger Feuz attributes the downward trend since February largely to COVID-19 uncertainty.
Sharp declines in cash and futures cattle prices, combined with weaker packer demand for fed cattle, signal continued bearish pressure on live cattle and feeder cattle values for feedlot and stocker margins.
在过去 70 次看跌的疫病事件之后,活牛 在 5 个交易日内中位数变动 +0.0%(51% 上涨;中间一半区间为 -1.7% 至 +1.0%),20 个交易日内为 +0.4%。
在过去 46 次看跌的疫病事件之后,架子牛 在 5 个交易日内中位数变动 +0.3%(54% 上涨;中间一半区间为 -2.3% 至 +1.6%),20 个交易日内为 +1.8%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。